Bank Of India Burhanpur Burhanpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Burhanpur Burhanpur Madhya Pradesh

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MICR Code	450653508
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shaikhpura Shekhpura
Contact	91-7089903720
Bank Details	Bank Of India Shaikhpura Shekhpura BKID0MG0289

Location	Burhanpur, Burhanpur
City	Burhanpur
District	Burhanpur
State	Madhya Pradesh
Pincode
Country	IN
Address	At post shaikhpura

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 450653508 for Shaikhpura Shekhpura branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 450653508 of BOI, Shaikhpura Shekhpura branch makes the system almost error free and faster. Use of BOI MICR codes for Shaikhpura Shekhpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Bank Of India are available with micr code -

>>Amravat Road >>Burhanpur >>Burhanpur >>Dapora >>Dhulkot >>Haiderpur >>Indira Nagar >>Jhir Panjariya >>Khakner >>Lal Bag Burhanpur >>Nachankheda >>Nepanagar >>Phophnar >>Pipalgaon Raiyat >>Sarola >>Shahpur >>Shaikhpura Shekhpura >>Sirpur

MICR code for Bank Of India Shaikhpura Shekhpura

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Shaikhpura Shekhpura is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 450653508 is the MICR code of Bank Of India for Shaikhpura Shekhpura branch. MICR code for Shaikhpura Shekhpura branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for BOI Shaikhpura Shekhpura is presented in the table alongside.

Use of BOI MICR code for Shaikhpura Shekhpura branch in burhanpur

The MICR code 450653508 is used in RBI cheque clearing process to identify the branch Shaikhpura Shekhpura and BOI bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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